World | Economy | Business

Cypriots Question EU's Motives Behind Bailout

NPR | March 25, 2013 9:50 a.m. | Updated: March 25, 2013 12:04 p.m.

Contributed By:

Joanna Kakissis

Cyprus has secured a $13 billion package of rescue loans in tense, last-ditch negotiations. The European Central Bank had said it would stop providing limited liquidity to help Cypriot banks unless the country came up with a workable plan to raise a portion of the bailout funds needed to rescue its banks and its economy.


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